SwapTransfer

What SwapTransfer does

SwapTransfer is a London-based, private for-profit fintech operating in the cross-border money transfer (remittance) market. Per the firm's own positioning data, it enables secure, low-cost international money transfers originating from the United Kingdom and the United States to a set of destination countries, serving retail senders who move funds across borders — typically migrant workers and individuals supporting family or commercial obligations abroad. The company is headquartered in London, operates a website at swaptransfer.com, and reports an employee count in the 101-250 range, indicating a meaningful operational footprint for a digital remittance player.

The product surface, underlying rails (e.g., direct bank integrations, payout-partner networks, card processing, wallet delivery), and technology stack are not disclosed in the available input data, and the company's website was inaccessible during data capture — only a verification/loader page was returned. Likewise, no specific corridors, destination countries, supported currencies, fee structure, FX margin, transfer limits, or payout methods are documented.

The business model is consistent with industry-standard remittance economics: revenue is generated via customer transaction fees and/or foreign exchange margin on each transfer. No pricing tiers, subscription models, or enterprise/B2B offerings are disclosed. No funding rounds, investors, parent entity, leadership team, regulatory licenses, certifications, partnerships, or awards are documented in the input data, which limits any further commercial or governance assessment.

Name

SwapTransfer

Website

https://swaptransfer.com

Company type

Private

Headcount range

101–250 employees

Short description

SwapTransfer is a London-based fintech that provides secure, low-cost international money transfers from the UK and US to various destination countries, serving retail remittance customers with a 101-250 employee operation.

Ownership category

akta.pro rank

Product category

International Money Transfer

akta.pro primary industry

Consumer Remittances (P2P) (FSAMAIAA)

akta.pro secondary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• International money transfers
• Cross-border remittance
• Currency exchange services
• Remittance services
• Overseas money transfer

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Core offering

SwapTransfer enables secure, low-cost international money transfers, allowing customers in the United Kingdom and the United States to send money to various destination countries. The service is positioned as a digital remittance platform serving individuals and senders who need cross-border payment capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• International Money Transfer Service

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights2 records

Direct peers

• Sendwave: Direct peer — mobile-first remittance app focused on transfers from the US, UK, and other developed markets to African and Asian corridors, competing for the same diaspora customer base as SwapTransfer.
• Wise: Direct peer — UK-headquartered cross-border money transfer platform offering low-cost international transfers from the UK and US to a large set of receiving countries, using a transparent fee + mid-market FX model that closely mirrors SwapTransfer's positioning.
• OFX: Direct peer — international money transfer and FX services provider with UK, US and global operations, serving both consumer and small-business customers with cross-border payments in a directly comparable model.
• Remitly: Direct peer — US-headquartered digital remittance company focused on consumer money transfers from the US and UK to emerging-market corridors, with a mobile-first product and similar target customer base.
• CurrencyFair: Direct peer — peer-to-peer currency exchange and international transfer platform, originally Ireland-based, offering low-cost cross-border transfers that overlap with SwapTransfer's FX-swap-style value proposition.
• WorldRemit: Direct peer — UK-based digital remittance company focused on transfers from developed markets (including the UK and US) to mobile wallets and bank accounts in emerging markets, with a comparable customer and corridor profile.

Broad incumbents

• Xoom (PayPal): Broad incumbent — PayPal-owned digital remittance service operating in the US and UK to many receiving countries, providing directly overlapping money-transfer functionality to a similar customer segment.
• MoneyGram: Broad incumbent — global money transfer operator with a large digital and retail footprint, providing directly comparable cross-border transfer services to consumers in the UK and US.
• Western Union: Broad incumbent — largest global remittance operator with extensive agent network in receiving countries; competes directly with SwapTransfer in UK/US outbound corridors and sets industry pricing benchmarks.

Emerging players

• Revolut: Emerging player — UK-headquartered neobank offering in-app international transfers and multi-currency accounts; competes with SwapTransfer in UK outbound corridors and bundles remittance into a broader consumer banking product.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SwapTransfer